SYDNEY, Feb 12 (Reuters) - The Australian government said it is weighing a proposal from a consortium including hearing implant maker Cochlear Ltd (COH) to buy a state owned service which gives hearing assistance to children, older people, indigenous Australians and veterans.
In a statement on Friday, Finance Minister Mathias Cormann said the government was approached by a group which also includes the Royal Institute for Deaf and Blind Children and Sydney-based Macquarie University.
"The government will formally examine the proposal put forward by the consortium," the statement said, without giving a dollar value of the service or a timeline for a possible sale.
News: COH Australia says weighing privatisation proposal for state hearing service
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Last
$301.91 |
Change
-1.870(0.62%) |
Mkt cap ! $19.74B | |||
| Open | High | Low | Value | Volume |
| $303.14 | $304.94 | $300.54 | $42.41M | 140.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 77 | $301.03 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $302.43 | 77 | 1 |
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| COH (ASX) Chart |